BAKU, Azerbaijan, Oct. 4
Trend:
The National Bank of Kazakhstan has formed a reporting payment balance for the first half of 2021, Trend reports referring to the bank.
According to the bank, the current account deficit increased by $757 million compared to the preliminary assessment and amounted to $2.4 billion.
The difference between the preliminary estimate and the final data is primarily due to the receipt of the final accounts of enterprises on the balance of payments for the second quarter of 2021.
Most of the changes took place in the balance of revenues, where foreign direct investor revenues increased by $893 million compared to the preliminary assessment. Estimates generated at the time of the preliminary estimate underestimated income growth for foreign investors in the second quarter of 2021.
The growth in revenues of foreign investors was observed on the main components - dividends and reinvested profits. Most of these revenues came from the oil and gas, other mining, and financial sectors.
In terms of the trade balance, the changes relative to the preliminary assessment are insignificant and are associated with the actualization of a trade by authorized bodies and the reports of respondents. Exports of goods were revised downward by (-) $8.7 million, while imports increased by $49.4 million.